SOLUTION: Determine the yield on an investment in stocks. Kathryn Campbell bought 1000 shares at $12.75 each. She received a dividend of $1.38 per share shortly after the purchase and anothe
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Question 1182773: Determine the yield on an investment in stocks. Kathryn Campbell bought 1000 shares at $12.75 each. She received a dividend of $1.38 per share shortly after the purchase and another dividend of $1.02 per share a year later. Eighteen months after the purchase, she sold the stock at a price of $10.36 per share. Determine Kathryn's total yield for these shares. ($10). Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! She lost ($12.75-$10.36) or $2.39 per share or $2390 overall on the stock.
She gained ($1.38+$1.02)=$2.40 per share or $2400 overall on the dividends.
That is a $10 net gain.
